by Nick Cawley
GBPUSD Weekly Technical Outlook: Seven Weekly Bear Candles Dominate
Both daily and weekly GBPUSD charts remain weak and any rally will be met by strong resistance.
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Articles
GBPUSD Weekly Technical Outlook: Seven Weekly Bear Candles Dominate
by Nick Cawley
Both daily and weekly GBPUSD charts remain weak and any rally will be met by strong resistance.
AUD Prices May Fall Into 2019, AUD/CAD at Risk to Reversal Pattern
The Australian Dollar may be setting itself up for declines in the final weeks of 2018. AUD/USD and AUD/NZD look vulnerable while AUD/CAD is overshadowed by a bearish reversal pattern.
EUR/USD Technical Analysis: Triangle Setup Carries Bearish Cues
by Ilya Spivak
The Euro looks to have carved out Triangle chart pattern, hinting at on-coming continuation of the dominant downward trend against the US Dollar.
by Daniel Dubrovsky
AUD Prices May Fall Into 2019, AUD/CAD at Risk to Reversal Pattern
The Australian Dollar may be setting itself up for declines in the final weeks of 2018. AUD/USD and AUD/NZD look vulnerable while AUD/CAD is overshadowed by a bearish reversal pattern.
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by Ilya Spivak
EUR/USD Technical Analysis: Triangle Setup Carries Bearish Cues
The Euro looks to have carved out Triangle chart pattern, hinting at on-coming continuation of the dominant downward trend against the US Dollar.
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by James Stanley
FX Price Action Setups in EUR/USD, GBP/USD, USD/CHF and NZD/USD
Compression and congestion setups reign supreme around the US Dollar at the moment, and next week's FOMC rate decision may provide the fuel for some breaks.
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by James Stanley
DJIA: Dow Jones Attempts to Re-Gain Footing Ahead of December FOMC
The fourth quarter of this year has brought a stark change-of-pace to US equity markets. Will the FOMC give stock bulls a reprieve at next week's rate decision when looking to 2019 and thereafter?
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by Nancy Pakbaz, CFA
EUR/USD: Traders Remain Net-Long Despite a Mixed Bias
The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.
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by Michael Boutros
NZD/USD Technical Outlook: Price Reversal Targeting Trend Support
Kiwi reversed off up-trend resistance last week and we’re trading the pullback. These are the targets & invalidation levels that matter on the NZD/USD charts.
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by Christopher Vecchio, CFA
DXY Index Holds Near Yearly Highs Ahead of UK No-Confidence Vote, US CPI
Volatility in FX markets remains elevated with a full slate of data and events due out today.
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by David Song
EUR/USD Rate to Stay Afloat on Mixed U.S. CPI Report
Updates to the U.S. Consumer Price Index (CPI) may keep EUR/USD afloat as the headline reading is projected to slow to 2.2% from 2.5% per annum in October.
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by Paul Robinson
Trading Outlook for Dow Jones, DAX 30, Gold Price, Crude Oil, Copper & More
The Dow looks like it may have found a low on Monday, which should help stabilize the DAX; gold is trying to hold support while crude oil continues to digest losses.
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by Michael Boutros
NZD/USD Weekly Price Outlook: Kiwi Rally Runs into Resistance
The New Zealand Dollar is struggling after responding to confluence resistance last week. Here are the levels that matter on the NZD/USD weekly chart into the year-end.
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by Paul Robinson
Technical Outlook for the USD Index, EUR/USD, EUR/AUD, Gold Price & More
The DXY is a chop-fest right now while the Euro continues to contract within a triangle, EUR/AUD has resistance worth watching, gold may climb a little higher before resistance.
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by Daniel Dubrovsky
EUR/GBP Technical Analysis: Brexit Bullish Push, 2018 Highs Next?
Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs thereafter.
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by James Stanley
GBP/USD: Pound Plummets Through Key Support as May Calls Off Vote
It's been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big support level in the process.
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by Jeremy Wagner, CEWA-M
S&P 500 Breaks Important Support, US Dollar and ETH Consolidate
SP 500 broke the October low which opens the door for a much deeper correction. DXY and Ether consolidate and consider reversals.
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by Michael Boutros
Weekly Trade Levels for DXY, EUR/USD, USD/CAD, Gold & More
Webinar highlighting setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter this week.
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by Daniel Dubrovsky ; Nick Cawley ; John Kicklighter ; Paul Robinson ; Michael Boutros ; Tyler Yell, CMT and Christopher Vecchio, CFA
Weekly Technical Forecast: Proximity to Key Technical Boundaries Puts Many Markets at Risk of Breaks
We are facing a market that will have to resolve a conflict of historical norms with structural risks. December is known as a quiet month, but the exceptional consistency in volatility throughout 201...Continue Reading
by Christopher Vecchio, CFA
Euro Weekly Technical Forecast: Bottoming Efforts Under Way in Several Crosses
The Euro has seemingly halted its decline since early-October, setting the stage for bottoming efforts in several EUR-crosses, including EUR/USD.
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by Michael Boutros
Gold Technical Outlook: Price Breakout Approaching Initial Targets
A breach above the November range takes gold prices near five-month highs. Here are the targets & invalidation levels that matter on the XAU/USD charts next week.
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by Paul Robinson
Technical Forecast for the S&P 500, Dow Jones, DAX 30 & FTSE
Last week was a wild one and next could be too, but volatility may diminish a bit as long as support levels hold.
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by John Kicklighter
Dollar Wind Up Threatens to Resolve with a Break Before 2018 Ends
The Dollar’s bullish progress through 2018 has flagged significantly over the past three weeks. The chart looks primed for a break as liquidity fights resolution on a critical move. Yet, volati...Continue Reading
by Nick Cawley
GBPUSD Weekly Technical Outlook: Sterling Remains Weak
Both the four-hour and daily GBPUSD chart point to lower prices ahead with a re-test of the 1.2660 low on the cards.
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by Tyler Yell, CMT
WTI Holds Near $50/bbl; Bounce May Very Well Be Bull Trap
A sharp drop appears to have found support near $50/bbl. despite increasingly worrisome signs about global demand in 2019 possibly indicating a short-term low is in place.
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by Daniel Dubrovsky
AUD/USD, AUD/JPY and EUR/AUD Trend Lines Broken. Reversals Extend
Fading momentum in the Australian Dollar preceded losses against the greenback, Japanese Yen and Euro. With trend lines broken, AUD/USD, AUD/JPY and EUR/AUD may extend their reversals.
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